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Cembre, half-yearly turnover +23,9%

At the end of June, the company active in the electrical connectors sector recorded a net profit of 6,6 million, up 39,7% on an annual basis – The net financial position was positive by 9,6 million euros.

Cembre, half-yearly turnover +23,9%

Consolidated turnover up 23,9% for Cembre, which in the first half of 2011 saw its revenues rise to 53,8 million euro compared to the 43,4 million recorded in the same period last year. The company active in the electrical connectors sector. Sales in Italy yielded 24,8 million euros (+29,8%), while foreign sales amounted to 29 million euros (+19,3%).

The consolidated gross operating result is 11,5 million euros (+35,3%), corresponding to 19,6% of revenues from sales. Consolidated pre-tax profit (10 million euro) increased by 38,5%, while net profit reached 6,6 million euro, up by 39,7%. As for the net financial position, the result is positive for 9,6 million euros, an improvement compared to 4,7 million at the end of June 2010.

In the early afternoon, the share of the company, listed on Piazza Affari in the Star segment, gained more than 3 percentage points, to 7,73 euros. 

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